Roman Around

combating liberalism and other childish notions

HEY BIG APPLE – THE TAXMAN COMETH

Posted by Andrew Roman on November 6, 2008

It’s a darn good thing that New York City Mayor Michael Bloomberg’s cape is still in “out-of-the-box” ready-to-go super-hero condition. Having recently jettisoned himself up and over the people of New York City, leaping over term limits in a single bound, paving the way for a possible third consecutive stint in office so that he might save the Big Apple from catastrophic ruin, he is only doing what is for our own good. He has removed his band-aid from the box and he is about to rub his special salve on the New York’s economic boo-boos.

According to WCBS-TV in New York City, cutbacks and tax increases are on the way. As Marcia Kramer writes:

master bloomyMayor Michael Bloomberg is going to cut the city work force by 3,000, but that’s just the beginning of the pain New Yorkers will feel as part of the fiscal crisis. A slew of new taxes are also on the agenda.

There will be 1,000 fewer cops, but the city will hire 200 more traffic agents to give out $60 million a year in new block-the-box tickets.

“The gravity of the budget situation requires us to propose both deep spending cuts and revenue increases,” Bloomberg said.

The spending cuts mean reducing the city work force. The revenue increases mean taxes — lots of taxes.

In the current fiscal year there’s the 7 percent property tax hike that starts in January — and the plan to renege on a promised $400 property tax rebate.

To close budget gaps in the year that starts next July the mayor is thinking about a combination of sales tax increases and income tax hikes.

Nicole Gelinas, of the Manhattan Institute, does not see good things on the horizon:

“Increasing the personal income tax would be a disaster for the city. It’s hard to overestimate that fact. We’ve already got the highest local personal income tax in the nation.”

When I hear that two-hundred new traffic agents will be hired, coupled with the elimination of one-thousand police oficers – complemented by the fact that the will of the people in New York City mean nothing to Mr. Bloomberg – I get that warm and fuzzy feeling inside, don’t you?

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